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Property details for Flat 1014, New Providence Wharf, 1 Fairmont Avenue, London E14 9PJ

Zoopla Estimate: £587,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £587,000
    Refine estimate

  • Value change
    5,600 (1.0%) 8,100 (1.4%) 18,550 (3.3%) 87,200 (17.5%) 111,900 (23.6%) 195,500 (50.0%) 199,900 (51.7%)  
    from 
  • Rental value
    £1,950 pcm
  • Confidence level
    81
  • Value range
    £545,000 - £629,000
  • Rental range
    £1,750 - £2,200 pcm

Monthly running costs Beta

£1,393 Monthly total
Remortgage
Property value
Loan amount (60%) 352,200
Repayment term 25
Interest rate 0.5
Your payment £1,249 /mo Find remortgage deals In partnership with uSwitch
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas -- Electricity -- Estimated energy cost --/mo (--/yr) Compare energy deals now In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: unknown kWh/year
Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band E Council tax cost £144 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply -- Sewerage -- Estimated water cost -- /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £290,000 | Sale date: 27th Apr 2004

This leasehold flat is located at New Providence Wharf, 1 Fairmont Avenue, London E14 9PJ and has an estimated current value of £587,000. Fairmont Avenue, E14 has 821 houses and flats on it with a current average value of £598,774, compared to an average property value of £546,243 for E14. There have been 336 property sales on Fairmont Avenue over the last 5 years with an average sold house price of £478,597 and this flat was last sold on 27th Apr 2004 for £290,000. There are currently 1648 properties for sale in E14 with an average asking price of £663,272 and 3042 houses and flats to rent in E14 with an average asking rent of £470 pw.

Property history

Property history Fairmont Avenue, Isle Of Dogs E14

Previously listed for rent on 24th Aug 2012 for £2,383 pcm

2 bed flat

Property history of Flat 1014, New Providence Wharf, 1 Fairmont Avenue, London E14 9PJ

New providence wharf:: Luxurious two bedroom apartment located on the 15th floor.

Owner info

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Market activity
Average price paid £498,299 Sales 898 Current average value £546,243 (Zoopla Zed-Index) Value change £13,869 ▲ 2.60%

What is the current average value of properties in E14?

The current average value in E14 in January 2017 is £546,243. This has increased 0.80% from October 2016. Terraced properties sold for a current average value of £613,473 and semi-detached properties valued £596,317. In the past year property prices in E14 have increased 2.60%. This is according to the current Zoopla estimates.

Property value data/graphs for E14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £615,568 £603 3.6 £592,500
Semi-detached £596,317 £633 3.2 £498,333
Terraced £613,473 £634 3.2 £697,787
Flats £537,010 £784 1.9 £485,290

Current asking prices in E14

Average: £663,933
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £314,141
(7)
£512,636
(11)
£662,746
(24)
£906,833
(24)
£700,000
(2)
Flats £511,282
(517)
£716,107
(741)
£1,017,613
(155)
£2,153,538
(13)
£475,000
(1)
All £508,648
(524)
£713,130
(752)
£970,033
(179)
£1,344,865
(37)
£625,000
(3)

Current asking rents in E14

Average: £2,003 pcm
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £959 pcm
(54)
£2,267 pcm
(39)
£2,347 pcm
(22)
£2,538 pcm
(40)
£3,458 pcm
(36)
Flats £1,441 pcm
(1,097)
£2,410 pcm
(1,160)
£2,672 pcm
(246)
£3,554 pcm
(35)
£849 pcm
(13)
All £1,418 pcm
(1,151)
£2,406 pcm
(1,199)
£2,645 pcm
(268)
£3,012 pcm
(75)
£2,766 pcm
(49)

Fun facts for E14

Highest value in E14
Highest value streets Zed-Index
Narrow Street £2,238,575
Ropemakers Fields £1,262,626
Westferry Circus £1,243,803
Hertsmere Road £1,021,285
Brightlingsea Place £1,000,987
Highest turnover in E14
Highest turnover streets Turnover
Jonzen Walk 110.5%
Limeharbour 45.8%
Agnes Street 42.9%
Hickin Street 41.7%
Northey Street 40.9%

What Zoopla users think of E14

Overall rating:

  • currently 3.5 stars
Good - 74% (462 ratings)

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Local info for Tower Hamlets

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